Authority: National Company Law Tribunal, Court-V, Mumbai Bench
Order Date: 09.06.2026
Case Overview
The National Company Law Tribunal (NCLT) Mumbai Bench heard matters related to IA/93/2025 and IA/95/2025 in the ongoing insolvency petition CP(IB)/2946(MB)2019. The petition was originally filed by Bank of India under Section 7 of the Insolvency and Bankruptcy Code, 2016 against Wadhwa Buildcon LLP. The two Interlocutory Applications (IAs) were filed by the Resolution Professional (RP). During the hearing, the Resolution Professional, represented by Advocate Maulik Chokshi along with Advocate Manish Dawda appearing via video conference, formally requested to withdraw both applications. Through the chat box function of the virtual hearing, Advocate Manish Dawda stated: "Manish Dawda hereby request to withdraw both the applications as revised applications are filed as per the direction of the Hon'ble Tribunal. Hence, we request my lords to withdraw both the IAs."
Final Outcome
The NCLT bench comprising Member (Judicial) Ashish Kalia and Member (Technical) Charanjeet Singh Gulati accepted the withdrawal request and dismissed both IA/93/2025 and IA/95/2025 as withdrawn. The order was signed by both members.
Topics: Insolvency Proceedings, NCLT Order, Legal Withdrawal